Deutsche Real Estate AG (FRA:DRE2) Inventory Turnover : 0.32 (As of Dec. 2023)

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What is Deutsche Real Estate AG Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Deutsche Real Estate AG's Cost of Goods Sold for the six months ended in Dec. 2023 was €7.45 Mil. Deutsche Real Estate AG's Average Total Inventories for the quarter that ended in Dec. 2023 was €23.24 Mil. Deutsche Real Estate AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.32.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Deutsche Real Estate AG's Days Inventory for the six months ended in Dec. 2023 was 569.24.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Deutsche Real Estate AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.38.

Deutsche Real Estate AG Inventory Turnover Historical Data

The historical data trend for Deutsche Real Estate AG's Inventory Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Deutsche Real Estate AG Inventory Turnover Chart

Deutsche Real Estate AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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2.79

1.45

0.87

0.74

0.62

Deutsche Real Estate AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.59	0.42	0.38	0.30	0.32

Deutsche Real Estate AG Inventory Turnover Calculation

Deutsche Real Estate AG's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	12.959	/ (	(16.231	+	25.562)	/	2 )
=	12.959	/	20.8965
=	0.62

Deutsche Real Estate AG's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	7.45	/ (	(20.913	+	25.562)	/	2 )
=	7.45	/	23.2375
=	0.32

Deutsche Real Estate AG (FRA:DRE2) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Deutsche Real Estate AG's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	23.2375	/	7.45	*	365 / 2
	=	569.24

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Deutsche Real Estate AG's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	23.2375	/	16.883
	=	1.38

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Deutsche Real Estate AG Inventory Turnover Related Terms

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Deutsche Real Estate AG (FRA:DRE2) Business Description

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DRE2:Germany

Address

Oudenarder Street 16, Berlin, DEU, 13347

Website

https://www.drestate.de

Deutsche Real Estate AG is engaged in investing in building a portfolio with focus on office, logistics and retail properties in the growth regions of Germany.

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